Toyota Premio Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Toyota Premio cars has fallen during the last 6 months we have analyzed. The average price in October was of Rs. 64.16 lakhs. This price hardly went through any changes and remained at Rs. 61.72 lakhs during November. The average selling price has remained fairly constant during the following two months, going from Rs. 62.94 lakhs to Rs. 61.34 lakhs. In the last two, the price has gone through a -5 % devaluation compared to the previous average values going down from Rs. 62.14 lakhs to Rs. 58.99 lakhs during February and March.
The average price for Toyota Premio has had a strong rise in recent years. Between "before 2000" and 2016, the average price is Rs. 32.13 lakhs. There was a significant inflation of the average price in "before 2000" (Rs. 13.51 lakhs) moving up till (Rs. 54.15 lakhs)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 103 %. During the last two years, prices in the car industry have gone up 8 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (Rs. 70.88 lakhs) and the the last two years that were studied (2019, 2020) with a price of Rs. 76.5 lakhs.
The graph that displays the price for Toyota Premio cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 57 % more affordable than the average price (Rs. 58.85 lakhs). Next with a price of Rs. 30.62 lakhs and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 23% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at Rs. 42.97 lakhs.